Precious metals have certainly taken a bruising in the last few weeks…in May alone, gold slid approximately 6%. But this past Friday, the 1st of June, witnessed a dramatic rally for gold and precious metals in general. By closing time on Friday, gold broke the $1600 barrier, climbing 3.7% ($57.90) to $1622.10. Silver too had…
There are times when a certain asset or investment is all the rage. Then one day, bam, the bottom falls out…economists, analysts and investors refer to this as a bubble. A bubble is precisely what occurred in the real estate market in the last decade. It also in fact occurred in the gold markets back…
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A frequent question we receive from gold bullion investors is, “What the heck is the difference between a bullion and numismatic coin?” A recent article in our gold investors’ knowledge center explores this topic in-depth, but we wanted to provide a quick summary here in our blog. Essentially, the difference between bullion and numismatic coins…
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For a short bit Tuesday, gold slid 2% to below the $1600 mark. The drop marks an 8-month low for the yellow metal. Silver too was beaten by day’s end. As of 5:00 PM Eastern on Tuesday, it was down to just below $29.50. Even though it seems gold has been stuck in a rut…
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